D. Early investments

Regulation: Article 27.11 Law 19/1994

Taxpayers may carry out early investments, which will be considered as materialization of the RIC that is provided with a charge to profits obtained in the tax period in the one in which the investment is made or in the three subsequent ones, provided that the remaining requirements demanded therein are met.

These provisions must be made from profits until December 31, 2023.

In the tax period in which the advance investments are made, the materialization and its financing system must be reported together with the corporate tax return (see point 1d) of section " Documentation to be submitted before the return " of Chapter 1 of this Practical Manual).

The advance investments made in a tax period beginning before January 1, 2015 will be considered materialization of the reserve for investments of profits obtained in another subsequent tax period also beginning before said date, and will be regulated by the provisions of article 27 of Law 19/1994, of July 6, as amended as of December 31, 2014.